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Rivian Automotive Gross Margin %

: -528.42% (As of Mar. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. Rivian Automotive's Gross Profit for the three months ended in Mar. 2022 was $-502.0 Mil. Rivian Automotive's Revenue for the three months ended in Mar. 2022 was $95.0 Mil. Therefore, Rivian Automotive's Gross Margin % for the quarter that ended in Mar. 2022 was -528.42%.


The historical rank and industry rank for Rivian Automotive's Gross Margin % or its related term are showing as below:

RIVN' s Gross Margin % Range Over the Past 10 Years
Min: -845.45   Med: -845.45   Max: -644.67
Current: -644.67


During the past 3 years, the highest Gross Margin % of Rivian Automotive was -644.67%. The lowest was -845.45%. And the median was -845.45%.

RIVN's Gross Margin % is ranked worse than
99.83% of 1204 companies
in the Vehicles & Parts industry
Industry Median: 18.95 vs RIVN: -644.67

Rivian Automotive had a gross margin of -528.42% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Rivian Automotive was 0.00% per year.


Rivian Automotive Gross Margin % Historical Data

The historical data trend for Rivian Automotive's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21
Gross Margin %
- - -845.45

Rivian Automotive Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Gross Margin % Premium Member Only Premium Member Only Premium Member Only - - -8,200.00 -709.26 -528.42

Competitive Comparison

For the Auto Manufacturers subindustry, Rivian Automotive's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Rivian Automotive Gross Margin % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Rivian Automotive's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Rivian Automotive's Gross Margin % falls into.



Rivian Automotive Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Rivian Automotive's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=-465 / 55
=(Revenue - Cost of Goods Sold) / Revenue
=(55 - 520) / 55
=-845.45 %

Rivian Automotive's Gross Margin for the quarter that ended in Mar. 2022 is calculated as


Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=-502 / 95
=(Revenue - Cost of Goods Sold) / Revenue
=(95 - 597) / 95
=-528.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Rivian Automotive  (NAS:RIVN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Rivian Automotive had a gross margin of -528.42% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Rivian Automotive Gross Margin % Related Terms

Thank you for viewing the detailed overview of Rivian Automotive's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rivian Automotive Business Description

Rivian Automotive logo
Traded in Other Exchanges
Address
14600 Myford Road, Irvine, CA, USA, 92606
Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories.
Executives
Flatley Jay T director 9885 TOWNE CENTRE DR SAN DIEGO CA 92121
Thomas-graham Pamela director C/O IDENIX PHARMACEUTICALS, INC. 60 HAMPSHIRE STREET CAMBRIDGE MA 02139
Baker Jeff officer: Chief Accounting Officer 1221 BROADWAY OAKLAND CA 94612
Boone Karen director 15 KOCH ROAD SUITE J CORTE MADERA CA 94925
Amazon Com Inc director, 10 percent owner 410 TERRY AVENUE NORTH SEATTLE WA 98109
Ford Motor Co 10 percent owner ONE AMERICAN RD DEARBORN MI 48126
Marcario Rose M director 21101 OXNARD STREET WOODLAND HILLS CA 91367
Mcdonough Claire officer: Chief Financial Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Krawiec Peter director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Scaringe Robert J director, officer: Chief Executive Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Behl Jiten officer: Chief Growth Officer C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Schwartz Sanford Harold director C/O RIVIAN AUTOMOTIVE, INC. 14600 MYFORD ROAD IRVINE CA 92618
Global Oryx Group Holding Co Ltd 10 percent owner 15 ESPLANADE ST. HELIER Y9 JE1 1RB

Rivian Automotive Headlines

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